SEC Form 4 · accession 0000717538-15-000023
ARROW FINANCIAL CORP · AROW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas L Hoy
Director · Other
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 7:41 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000717538
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 10, 2014 | G | 385 | $0.00 | D | 168,861 | D | |
| Common StockF1 | Jan 23, 2015 | G | 376 | $0.00 | D | 168,485 | D | |
| Common StockF2 | Jan 28, 2015 | J | 0 | $0.00 | A | 5,095 | I | By Wife w/Broker |
| Common StockF2 | Jan 28, 2015 | J | 0 | $0.00 | A | 2,559 | I | Wife's IRA |
| Common StockF2 | Jan 28, 2015 | J | 0 | $0.00 | A | 3,480 | I | Irrev. Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F3 | $25.86 | Jan 28, 2015 | A | 1,000 | A | — | Jan 28, 2025 | Common Stock | 1,000 | 1,000 | D |
Explanation of responses
- F1Following the reported transactions, total direct holdings include: 69,144 shares held in a qualified retirement plans (IRA); 96,524 shares held in a custody account; 2,816 shares acquired under the Company's 401k; and 1 share acquired under the Company's DRIP & ESPP.
- F2Following the reported transactions, total indirect holdings combined are 11,134.
- F3The option vests in four equal installments beginning January 28, 2016.